WEMIX paused its services and trading after a hacker stole roughly $724,000 in USDC.e from a linked smart contract. This breach led to immediate shutdowns across its platform to prevent further losses and investigate the incident.
WEMIX recently experienced a security incident where an attacker stole approximately $724,000 in USDC.e. This digital token is often used on various blockchain networks. The breach happened because a smart contract linked to WEMIX$ was compromised. A smart contract is a program that runs on a blockchain and automatically executes agreements. Following the attack, WEMIX quickly suspended several key operations, including its bridges, which allow assets to move between different blockchains. It also halted liquidity pool trading to protect users and investigate the breach.
842.437 SRY